$2,949,999

588 Wallis Rd Rye, NH 03870

Estimated payment $16,316/month

Total Views 763
3 Beds
1 Bath
1,376 Sq Ft
$2,144 Price per Sq Ft

Highlights

  • Property is near a beach
  • 12.97 Acre Lot
  • 1 Fireplace
  • Rye Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.

Listing Agent

Edward Perez

Edward Perez Listed on: 06/15/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1965

Parking

  • 1 Car Attached Garage
  • 9 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,376 Sq Ft Home
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rye Elementary School
  • Rye Junior High
  • Portsmouth High School

Utilities

  • No Cooling
  • No Heating
  • 220 Volts
  • Private Water Source
  • Water Heater
  • Private Sewer

Additional Features

  • Property is near a beach
  • 12.97 Acre Lot
  • Property is near golf course and schools

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 745722

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,969

Year Built

Built in 1965

Lot Details

12.97 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1965
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Flooring: Other
  • Interior Amenities: Other
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Other
  • Total Bedrooms: 3
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Above Grade Finished Sq Ft: 1376
  • Living Area: 1376
  • Spa YN: No
  • MAIN LO: AN3469
  • Insulation: Other (See Remarks)

Exterior Features

  • Exterior Features: Other
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 9
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: None
  • Cooling Y N: No
  • Electric: 220 Volts
  • Heating YN: No
  • Water Source: Private
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Golf, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 745722
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 12.97
  • Lot Size Sq Ft: 564973
  • Lot Size Units: Acres
  • Property Attached YN: No

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4969.34
  • Tax Block: 00
  • Tax Lot: 89

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Portsmouth High
  • Elementary School: Rye Elementary
  • Middle Or Junior School: Rye Junior High

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,663 $557,100 $480,500 $76,600
2024 $4,826 $557,300 $480,700 $76,600
2023 $4,475 $557,300 $480,700 $76,600
2022 $3,890 $557,300 $480,700 $76,600
2021 $4,804 $470,100 $334,200 $135,900
2020 $4,804 $470,100 $334,200 $135,900
2019 $4,787 $468,400 $334,300 $134,100
2018 $4,759 $468,500 $334,400 $134,100
2017 $4,737 $468,500 $334,400 $134,100
2016 $4,466 $418,200 $285,400 $132,800
2013 $4,104 $374,100 $241,200 $132,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2026 06/15/26 For Sale $2,949,999 +322.0% $2,144 / Sq Ft
06/11/2021 06/11/21 Sold $699,000 -9.8% $508 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $775,000 -3.0% $563 / Sq Ft
12/29/2020 12/29/20 Price Changed $799,000 -8.7% $581 / Sq Ft
11/05/2020 11/05/20 For Sale $875,000 -- $636 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Personal Reps Deed $699,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $664,050 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73536090

MLS Property Information Network (MLS PIN)

APN: RYEE-000016-000000-000089

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